"We are very pleased to receive this 4G license. It will give our customers access to even faster mobile broadband in the future", said Oguz Memiguven, UCell CEO. "This shows our commitment as a long-term investor in Uzbekistan and our readiness to offer services on the basis of latest technologies.”

Customers’ need for capacity and speed keeps growing. The license received will enable UCell to build in future a mobile network that is more than 10 times faster than today's 3G networks. 4G mobile networks will offer use of interactive TV, videos, advanced online gaming and professional applications and services for business, that require high speed and capacity.

The 4G/LTE system is based on 3GPP standards for Long Term Evolution (LTE) radio technology and System Architecture Evolution (SAE) core technology. 4G offers speeds in mobile broadband services between 20-80 Mbit/s with a maximum speed of 100 Mbit/s.

It should be noted, that UCell is part of TeliaSonera, which was the first operator in the world with the launch of commercial 4G services to customers in Stockholm, Sweden, and in Oslo, Norway, in 2009. During 2010, the extensive network roll out continues in 25 cities and recreation areas in Sweden and 4 cities in Norway.

FE Coscom LLC was founded in 1996. As of June 2008, the company began rendering services of mobile communication under the UCell brand. The company's subscriber base exceeded 5 million at the end of 2009.

UCell is part of TeliaSonera. TeliaSonera provides telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera is now in 20 markets with close to 460 million inhabitants. The number of subscriptions in 2009 reached over 147.6 million. For the year 2009, TeliaSonera's net sales amounted to approximately USD 14.3 billion and TeliaSonera had around 30,000 employees.

TeliaSonera provides network access and telecommunication services that help people and companies communicate in an easy, efficient and environmentally friendly way. TeliaSonera is an international group with a global strategy, but wherever it operates it acts as a local company.

In the emerging markets of Eurasia, TeliaSonera has majority holdings in leading mobile operators in Kazakhstan (Kcell), Azerbaijan (Azercell), Georgia (Geocell), Moldova (Moldcell), Tajikistan (Tcell), Uzbekistan (Ucell), and Nepal (Ncell). TeliaSonera is also a minority owner of MegaFon in Russia and Turkcell in Turkey.